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Evaluate Your Payroll Withholdings

Whether or not you should adjust your payroll withholdings is a big question. If you owed a lot of taxes with your final return or…

Estimate Your Capital Gains Tax

When Benjamin Franklin said, "The only things certain in life are death and taxes" he wasn't joking.  Rest assured, if you make a profit on…

Calculate your self-employment tax

Working for yourself can mean freedom from the bureaucracy of a big corporation or escaping an overbearing boss, but it won’t let you off the…

Determining Your Tax-Equivalent Yield

If you are like most people, you probably need to learn more about tax-equivalent yields. This may be true even if you are a wise…

Tax-Deferred vs. Tax-Free Investments

When investing your money it is essential to be fully aware of the tax implications. Investments are taxed differently, and you need to do what…

Deducting Investment Interest

Over the years, many new types of investment vehicles have emerged.  The good news is that the interest paid on money used to generate income…

The Tax Implications of Paying Interest

Add up the interest you're shelling out each month, and by years' end you might be shocked at how big a bite it takes out…

The Standard Deduction vs. Itemized Deductions

What’s the Difference & What Can You Claim on Your Return? Ah, things were much simpler when you were young. When it was time to file…